Filed September 29, 2020
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
STANCORP FINANCIAL GROUP1 year Service code 12 · EIN 93-1253576 | Recordkeeping and information managem... | $6,186 |
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $340 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,592 | $55,453-48.4% | $170,442-83.2% | $62,292-54.1% |
| Participation rate | 50.6% | 66.4%-15.8pp | 83.6%-33.0pp | 69.5%-18.9pp |
| Annual return | 13.68% | 21.38%-7.7pp | 205.93%-192.2pp | 28.90%-15.2pp |
| Employer contribution / active EE | $1,036 | $2,164-52.1% | $5,433-80.9% | $2,042-49.3% |
| Participant deferral / active EE | $1,288 | $2,303-44.1% | $4,939-73.9% | $3,169-59.4% |
| Admin fee / account holder | $85 | $455-81.3% | $13,880-99.4% | $479-82.3% |